UK PM Truss to hold emergency talks with budget forecasters on Friday – report By Reuters
Economy 10 minutes ago (Sep 29, 2022 21:28)
© Reuters. FILE PHOTO: Britain’s Prime Minister Liz Truss walks outside Downing Street in London, Britain, September 23, 2022. REUTERS/Clodagh Kilcoyne
LONDON (Reuters) – British Prime Minister Liz Truss will hold emergency talks with the head of the Office for Budget Responsibility (OBR), the Guardian reported on Thursday, after days of chaos in financial markets triggered by the government’s planned tax cuts.
Truss and finance minister Kwasi Kwarteng will meet Richard Hughes, chair of the independent fiscal watchdog, on Friday before they are presented with a draft of its full fiscal forecasts next week, the report said.
UK PM Truss to hold emergency talks with budget forecasters on Friday – report
(Bloomberg) — Florida orange farmers are just beginning to assess the damage from Hurricane Ian’s devastating winds and rain, but ominous signs are already emerging.
(Bloomberg) — A proposal to screen US companies’ investments in China is gaining momentum in Congress, with lawmakers pressing to enact legislation examining the practice before…
CLEVELAND (Reuters) – European Central Bank monetary policy will not be influenced by the euro’s recent fall against the dollar, ECB chief economist Philip Lane said on Thursday….
© 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.